Sup guys!
I think this is a very important piece of info as we all kinda doomed bitcoin, but this might be a breakthrough.
The lightening network is a technology basically adds a layer of tech that can be a scaling solution for bitcoin, its supposed to prevent the high fees and slow transactions, with the same level of security.
A few days ago the first payment using the lightening network was successful, it was made to pay a phone bill.
The payment was INSTANT, and the fees were ZERO.
Here's the full article -
https://www.coindesk.com/payment-provider-bitrefill-runs-successful-lightning-transaction-test/Bottom line - the lightening network could solve most of the problems with bitcoin - if it does, its a huge step forward in terms of bitcoins scalability, meaning itll be easier to get mass adoption and use BTC for day-to-day transactions, and generally will be great news for the whole crypto section.
I have read this positive news from my google apps.
Indeed this is a great technology to eliminate all the issues of bitcoin that we have right now. High transfer fees, slow transaction, are now really a big issues for bitcoin as people used it to against and make bitcoin looks bad. And then comes this technology.
I hope this LN can be implemented as fast as it can on the bitcoin network. But with this implementation, i guess there will be new problem we may face, like maybe wallets will make a fixed fees to do transaction, and maybe like lower earnings for miner because we dont need to pay for the transaction again. I dont know. I hope it can solve the problem.